Popular Post webfact Posted April 21, 2021 Popular Post Share Posted April 21, 2021 Thailand’s Central Administrative Court dismissed an application today (Wednesday), by the Transport Ministry and the State Railway of Thailand (SRT), for a stay of execution of the ruling, by the Supreme Administrative Court, ordering the two state agencies to pay Hopewell (Thailand) Company 24 billion baht in compensation for the cancellation of the elevated highway and rail project about 20 years ago. The court ruled that the application for a stay of execution did not meet the criteria for a stay, citing the fact that both state agencies had challenged the order of the Supreme Administrative Court in the Constitutional Court and had asked the Administrative Court to invalidate the registration of Hopewell Thailand Company. The court also said that there is no law empowering the court to grant a stay, particularly in a case which has already received a final ruling from the Supreme Administrative Court. Full story: https://www.thaipbsworld.com/court-dismisses-application-to-stay-payment-of-฿24bn-compensation-to-hopewell-thailand/ -- © Copyright Thai PBS 2021-04-22 - Whatever you're going through, the Samaritans are here for you - Follow Thaivisa on LINE for breaking COVID-19 updates 2 1 Link to comment Share on other sites More sharing options...
Popular Post RichardColeman Posted April 21, 2021 Popular Post Share Posted April 21, 2021 This will hit the coffers a bit. Still they have another 180 days to try to wriggle out of it. 2 1 Link to comment Share on other sites More sharing options...
Popular Post sammieuk1 Posted April 21, 2021 Popular Post Share Posted April 21, 2021 24 billion is a few nice watches is there no dead friends to dig up and blame ???? 5 Link to comment Share on other sites More sharing options...
bluesofa Posted April 21, 2021 Share Posted April 21, 2021 57 minutes ago, sammieuk1 said: 24 billion is a few nice watches is there no dead friends to dig up and blame ???? I don't know, I bet there must still be some skeletons in the closet somewhere. 1 Link to comment Share on other sites More sharing options...
Popular Post ThailandRyan Posted April 21, 2021 Popular Post Share Posted April 21, 2021 Looks like the submarines will need to be sold 2 5 Link to comment Share on other sites More sharing options...
Excel Posted April 21, 2021 Share Posted April 21, 2021 53 minutes ago, ThailandRyan said: Looks like the submarines will need to be sold Can't do that now. Contracts signed and no doubt billions of baht transferred to overseas accounts. Link to comment Share on other sites More sharing options...
ThailandRyan Posted April 21, 2021 Share Posted April 21, 2021 6 minutes ago, Excel said: Can't do that now. Contracts signed and no doubt billions of baht transferred to overseas accounts. That's right Thai's never sell anything once they buy them unless they can get more money after say 5 years. 2 Link to comment Share on other sites More sharing options...
Popular Post Srikcir Posted April 22, 2021 Popular Post Share Posted April 22, 2021 Considering the amount of the initial award ordered paid by the Thai courts, the interest rate for nonpayment, and the amount of time Prayut has allowed to pass without a single payment, the current sum owed is likely going to exceed double the original award (Rule of 72 - at an interest rate of 7% pa, the initial amount owed will double in 10 years, etc). As the Prayut regime continues to defy the lower court and Supreme Court's award, the Thai taxpayer should not be held liable, but rather those government officials personally should bear the carrying cost of the interest. 6 Link to comment Share on other sites More sharing options...
hotchilli Posted April 22, 2021 Share Posted April 22, 2021 6 hours ago, RichardColeman said: This will hit the coffers a bit. Still they have another 180 days to try to wriggle out of it. I'm sure they will try, the contract was cancelled 20 years ago... still no settlement. 2 Link to comment Share on other sites More sharing options...
Mr Meeseeks Posted April 22, 2021 Share Posted April 22, 2021 Good luck getting anything out of these greedy parasites. 1 Link to comment Share on other sites More sharing options...
natway09 Posted April 22, 2021 Share Posted April 22, 2021 The SRT broke the conditions of the contract. I have been watching this for a long time. It is time to I pay up & move on (with a bit more wisdom & a bit less greed), but I doubt they have the nouse to understand commercial law Link to comment Share on other sites More sharing options...
Mr Meeseeks Posted April 22, 2021 Share Posted April 22, 2021 Cases like this, Hopewell, Blue Diamond Affair, Walter Tau, Carlsberg, Pepsi etc. should be lessons to anyone stupid enough to think investing buckets of money here is a good idea. 1 Link to comment Share on other sites More sharing options...
renaissanc Posted April 22, 2021 Share Posted April 22, 2021 The annoyance for the Ministry of Transport of having to pay this sum is that the traditional 35% Rule states that 35% of the National Budget gets stolen in corruption. 35% of 25 billion Baht is 8.75 billion Baht. The court is depriving the relevant politicians and officials of this treasure chest. No wonder they are fighting the court's decision. 2 Link to comment Share on other sites More sharing options...
ParkerN Posted April 22, 2021 Share Posted April 22, 2021 4 hours ago, RichardColeman said: This will hit the coffers a bit. Still they have another 180 days to try to wriggle out of it. And wriggle like hell they most assuredly will. But this is another (if relatively non-consequenttial on its own) brick in the wall. The signs are there to be read. Link to comment Share on other sites More sharing options...
ParkerN Posted April 22, 2021 Share Posted April 22, 2021 (edited) Just now, Mr Meeseeks said: Good luck getting anything out of these greedy parasites. And I am quite sure they will deny any suggestion that no country in the world trusts them, and be genuinely puzzled that anyone would say such a thing. Stupid foreigners eh? Clueless. Thais rule the world, and have the only worthwhile language in the world (that the Thai government itself says that 65% of Thais cannot speak properly). I feel all privileged and stuff to live in the third world. Edited April 22, 2021 by ParkerN Link to comment Share on other sites More sharing options...
RubbaJohnny Posted April 22, 2021 Share Posted April 22, 2021 13 hours ago, ThailandRyan said: Looks like the submarines will need to be sold No sub hub, Non Nemo hubblebublebus Link to comment Share on other sites More sharing options...
RocketDog Posted April 23, 2021 Share Posted April 23, 2021 21 hours ago, ParkerN said: And I am quite sure they will deny any suggestion that no country in the world trusts them, and be genuinely puzzled that anyone would say such a thing. Stupid foreigners eh? Clueless. Thais rule the world, and have the only worthwhile language in the world (that the Thai government itself says that 65% of Thais cannot speak properly). I feel all privileged and stuff to live in the third world. 5555. I'm feeling the "and stuff" part right now. Link to comment Share on other sites More sharing options...
RocketDog Posted April 23, 2021 Share Posted April 23, 2021 On 4/22/2021 at 5:45 AM, ThailandRyan said: Looks like the submarines will need to be sold Oh no. Does this mean the moon mission is off too? ???? 1 Link to comment Share on other sites More sharing options...
ParkerN Posted April 23, 2021 Share Posted April 23, 2021 Just now, RocketDog said: 5555. I'm feeling the "and stuff" part right now. You and Me both brother... 1 Link to comment Share on other sites More sharing options...
ParkerN Posted April 23, 2021 Share Posted April 23, 2021 Just now, RocketDog said: Oh no. Does this mean the moon mission is off too? ???? Jesus wept. Please don't remind me of the lunacy. I already feel like I'm surrounded by a funny farm... 1 Link to comment Share on other sites More sharing options...
ParkerN Posted April 23, 2021 Share Posted April 23, 2021 12 hours ago, RubbaJohnny said: Non Nemo hubblebublebus Classic. Top of the class... Link to comment Share on other sites More sharing options...
RocketDog Posted April 23, 2021 Share Posted April 23, 2021 13 minutes ago, ParkerN said: Jesus wept. Please don't remind me of the lunacy. I already feel like I'm surrounded by a funny farm... Hey Parker. The only way I cling to the scant threads of sanity I have is to remind myself that I can still recognize outright lunacy when I see it. Please don't ask me to abandon that solice. But I probably should keep it to myself. 1 Link to comment Share on other sites More sharing options...
bluesofa Posted April 23, 2021 Share Posted April 23, 2021 26 minutes ago, RocketDog said: Oh no. Does this mean the moon mission is off too? ???? I'm sure it will still go ahead. I bet it's booked to launch at the Yasothon rocket festival. 1 Link to comment Share on other sites More sharing options...
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